You’ve made the decision to get your bookkeeping sorted, now it’s time to choose what solution works for you. Between do it yourself options, local professionals, and that friend who swears on their outdated copy of Excel, there’s lots of options to consider. Bench wants to make it easy for bookkeepers and small business owners alike—our winning combo of expert accountants and software serve more than 10,000 small business clients.
The secret to our service and efficiency? Our software.
Bench uses proprietary software that’s developed in-house. Our engineers collaborate with our bookkeepers and turn their comments into app and platform upgrades. Each new feature rolled out centers on their conversations with clients.
Users connect their bank and credit card accounts directly to Bench’s secure platform. Each connection automatically imports all transactions which are then reviewed by your bookkeeper. They track every deduction and make adjustments to create tax compliant financial statements and notify you when they’re ready. How simple is that?
The custom dashboard summarizes all of your financial reports and essential information. This operates as a simple and intuitive space to understand your business’s financial health at a glance. If you require more in-depth information, review the two key financial statements: the income statement and balance sheet. And if you need to share them with anyone outside of your business, all reports have Excel exports.
By working with experts, we’ve developed our platform to be intuitive and easy to use. Here’s how we did it.
From their Bench dashboard, businesses can now view all their connected bank accounts and access actionable real-time data, when they want, all before their monthly books are closed. Income statements, balance sheets and top expense insights are updated with every transaction, giving business owners a one-click way to track expenses and cash flow and make informed, timely decisions.
As part of the company’s mission to help business owners thrive, this update provides a completely new way to use Bench, while maintaining the unmatched level of accuracy and unlimited access to dedicated bookkeepers Bench customers love.
“Business owners love the accuracy and completeness of the financial insights they receive from Bench. The faster they receive the insights, the faster our customers can make effective business decisions,” said Prasad Sristi, VP of Product at Bench. “We’re now delivering actionable day-to-day insights to our customers. This gives Bench customers a serious competitive advantage as to how they control their business finances. Real-time financial insights and unlimited access to professional bookkeepers is what truly sets Bench apart.”
Don’t waste time digging around to find your answers. When you log into your account, it’s one click to get to your dashboard and get key insights on your cash flow.
Your dashboard provides you with a snapshot of top expenses, revenue and spending trends, and overall profitability. With both visual reports and a by-the-numbers breakdown, you get the information in the format that works for you.
Crystal clear reports
As all bank and credit card transactions automatically import, our platform turns a cluster of information into intuitive reports. Check your account balances on the balance sheet or get a categorized breakdown of your revenue and spend on the income statement. Save time reviewing account histories and spend it making valuable insights into your business.
Whether you’re navigating bookkeeping for the first time or you’re looking for extra insight, your bookkeeper is a click away. Send a message or comment on a transaction directly and your bookkeeper responds in one business day.
Seamless and secure data importing
Your financial reporting is important, but so is your data. All account connections use bank grade security to keep your information secure.
What makes Bench unique
Want to know whether Bench is right for you? These key qualities set Bench apart from the competition.
Your reports are essential for working with an accountant, applying for credit, or attracting new business partners. To ensure they’re easy to share, every report exports to an Excel file with professional formatting so you’re putting your best foot forward.
If you work with contractors, you’re familiar with 1099 forms. They’re forms that must be provided to both the IRS and payees that document total payments throughout the year.
At year-end, we provide you with a full breakdown of who needs 1099 forms and the information required to fill them out. Save yourself hours of time at tax season and put that energy back into your business.
Real people on your side
Working with Bench is like having another member of your team. Your bookkeeper is a real person who learns about the unique needs of your business to provide the best possible service. Whether it’s a monthly review or a spur of the moment question, you can book a call or send a message directly on the platform.
If you choose to close your account, you never lose access to your data. While we close off all bank connections and ensure your information is secure, you’ll always be able to refer back to your reporting. With all data easy to export, we make it easy to switch bookkeeping solutions if we’re no longer meeting your needs
How Bench can help
At Bench, we’ve developed a bookkeeping software with the client experience in mind. Your bookkeeper completes your work monthly and when your data is ready to review, the key insights are easy to find.
The dashboard surfaces the need-to-know information to understand your business. For a more in-depth breakdown, clear reporting lets you review transactions across all accounts in a single space. If you want extra support, an expert is available to answer your questions or book a call.
Once you’ve chosen to work with us, we don’t lock you into any long-term contracts or hold your information hostage. You get lifetime access to your account with exports of all your data to move over to an alternative bookkeeping solution.
Want a no pressure, no commitments tour of Bench? Sign up for a free trial today. We’ll complete a previous month of books and walk you through the workflow so you can experience our software firsthand.